Bitget Crypto Exchange Launches MPC Wallet for User Security
Bitget cryptocurrency exchange and derivatives platform has launched a new wallet service utilizing multiparty computation (MPC) to enhance user security and key management. Bitget has employed MPC to revamp private key and asset management after introducing its account abstraction wallet service powered by the Ethereum scaling protocol Starknet in July 2023. MPC technology employs a […]
Blockchain Security Startup Blockaid Secures $33M in Funding
Blockaid, a blockchain security startup and partner of the MetaMask cryptocurrency wallet, has raised $33 million to scale its anti-malicious transaction technology. Industry-leading venture capital firms, such as Coinbase investor Ribbit Capital and early-stage VC firm Variant, spearheaded Blockaid’s Series A funding round. Among the other investors were Sequoia Capital, Cyberstarts, and Greylock Partners. In […]
Reddit Removes Moderators for MOON Token Insider Trading
The r/CryptoCurrency community on Reddit has fired two moderators involved in insider trading of the Moons (MOON) token. According to a report on October 20, at least three wallets associated with Reddit group moderators dumped hundreds of thousands of dollars worth of MOON tokens on October 18, mere minutes before the official announcement of the […]
Thailand Delays Digital Wallet Program, Opposition Calls for Probe
The digital wallet program aiming to distribute 10,000 baht ($274) to Thai citizens over 16 years and stimulate the economy has been delayed, prompting the opposition to demand a probe by the country’s electoral commission. According to the Bangkok Post, Thailand’s deputy finance minister, Julapun Amornvivat, announced that the scheduled launch of a new digital […]
Google Cloud, MultiversX Partner for Improved Web3 Presence
Google Cloud has partnered with blockchain infrastructure company MultiversX (formerly Elrond) to enhance its Web3 presence. The partnership will enable ecosystem builders to utilize MultiversX ‘s sophisticated tools and services. Google Cloud has incorporated MultiversX into the platform, enabling Web3 projects and users to gain valuable insights from the ecosystem’s robust data analytics and artificial […]